2019 Ontario Rental Increase Guideline
The Ontario government recently announced that the allowable increase that landlords can charge their tenants this year is 1.8% of the base rent. Some years have seen larger increases, and some smaller, but this figure seems to be right in … Read More
Should All Prices Be Disclosed in a Real Estate Bidding War?
The Toronto real estate market has been plagued with a lack of supply for some time now. This had led to a sellers’ market where there is often more than one bid on a property that is listed for sale. … Read More
TREB Market Statistics for January 2019
The Toronto Real Estate Board (TREB) has just released the overall sales numbers for January 2019. There were 4,009 sales in January 2019, up 0.6% compared to January 2018.On a seasonally adjusted basis, sales were up 3.4% compared to December 2018. There was a total … Read More
How to Get as Much Rent as Possible for your Suite
When your tenants vacate your rental suite that is the ideal time to make changes and improvements so that you could potentially charge more rent to the new tenants. You are allowed to charge whatever the market will bear so … Read More
Snow Removal at Tenanted Properties
Snow Removal at Tenanted Properties: Whose responsibility is it to shovel the snow: landlord or tenant?… Read More
5 Fire Safety Guidelines to Keep Your Tenants Safe
Fire prevention and safety is a must for every landlord. Here are 5 guidelines that every landlord should follow to ensure proper fire safety.… Read More
Cannabis Retail is Coming to Toronto
The PC government has created a lottery system for would-be cannabis retailers.… Read More
Deciphering the New Rent Control Rules in Ontario
In an effort to deal with the alarming rental shortage, effective immediately Ontario Premier Doug Ford and the PC government has taken away rent controls on all new rental stock. … Read More
MLS Sales Data to be Made Public
Where will consumers go to check how much things have sold for? The Toronto Real Estate Board has begun to make MLS sold data available to its members as per the Competition Tribunal ruling. It has been decided that … Read More
Toronto Airbnb Legislation Delayed Until Next August
New Rules have not yet come into effect for short-term rentals in Toronto due to an impending appeal. … Read More
How Will Legal Marijuana Use Affect Your Tenancies
On October 17th recreational cannabis use becomes legal in Canada. How will this impact landlords in Ontario?… Read More
Landlord’s Fall Maintenance Checklist
As we head into October, it’s time to review if your income property needs any upgrades or fixes before the snow arrives.… Read More